QUOTE(cantdecide @ Jun 4 2008, 12:57 PM)
Yes, this is the direct impact to everyone - all walks of life. Well, I am putting the blame on the government for the fact that they painted a wrong idea to attract more FDI into the country. Our CPI (inflation rate) is rigged! They have so many controlled items on this CPI list and they can basically dictate how high or how low a CPI rate they want to show us. So when CPI rate is low, do you think you will get decent increment or decent pay? We can keep dreaming about it.
The government is still selling our 'strength' that this country offer cheap labour, cheap export, cheap raw materials, everything cheap as we can't compare with Singapore, Thailand or now even maybe Indonesia on providing better service, better quality. So how can you keep the lid on the pay-scale forever when the commodity prices worldwide is going crazy? You can actually - in Malaysia context. That means you folk out more to sibsidize us. That means this is exactly the situation they are in. They can't afford to do that anymore.
So by right, our earning and living standard should rise according to the increase in commodity prices. Thanks for how our government is functioning, we are all suffering now. They also suffer - for have to pull out their hair to settle this issue. They can't afford to let commodity prices rise significantly as it is difficult to ask all companies to immediately start increase our salary in line with the price increase. This is crazy.
They should do away with competing with other countries on offering more 'cheap whatever'. They should just improve on doing things better and let the country prosper. Build on our strength. For instance, our strength is we our multi-language country. We have a strong advantage compare to countries like India, China and Vietnam as our English is better. So we should build on that and stick to teach Sciene and Math using English. Those who call for teaching Math and Science using Malay are not doing your children any good in the future. Give it a good think-about-it if you still want to support them or that call. When we lost that edge (English language), we can kiss goodbye to everything. It is not that I disrespect Malay. You can still make Malay the national language and teach it in school. But for goodness sake, do the right thing for the country and next generation - improve our English and put our next generation on a level that is able to compete with the rest of the world.
All in all, it is expected that with any increase in petrol price, everyone will be affected. If the increase is huge, the economy will be affected and the KLSE will be affected too. I reckon an increase of 30cents or more will see a decline in KLSE. 20cents or lower will see short term decline - so most likely we will see this and our Government will still complain all the time for have to subsidize us.
Just my 2 cents.
Hi,
Well, You have spoken for the rest of us in this forum.
Added on June 4, 2008, 1:00 pmQUOTE(cantdecide @ Jun 4 2008, 12:57 PM)
Yes, this is the direct impact to everyone - all walks of life. Well, I am putting the blame on the government for the fact that they painted a wrong idea to attract more FDI into the country. Our CPI (inflation rate) is rigged! They have so many controlled items on this CPI list and they can basically dictate how high or how low a CPI rate they want to show us. So when CPI rate is low, do you think you will get decent increment or decent pay? We can keep dreaming about it.
The government is still selling our 'strength' that this country offer cheap labour, cheap export, cheap raw materials, everything cheap as we can't compare with Singapore, Thailand or now even maybe Indonesia on providing better service, better quality. So how can you keep the lid on the pay-scale forever when the commodity prices worldwide is going crazy? You can actually - in Malaysia context. That means you folk out more to sibsidize us. That means this is exactly the situation they are in. They can't afford to do that anymore.
So by right, our earning and living standard should rise according to the increase in commodity prices. Thanks for how our government is functioning, we are all suffering now. They also suffer - for have to pull out their hair to settle this issue. They can't afford to let commodity prices rise significantly as it is difficult to ask all companies to immediately start increase our salary in line with the price increase. This is crazy.
They should do away with competing with other countries on offering more 'cheap whatever'. They should just improve on doing things better and let the country prosper. Build on our strength. For instance, our strength is we our multi-language country. We have a strong advantage compare to countries like India, China and Vietnam as our English is better. So we should build on that and stick to teach Sciene and Math using English. Those who call for teaching Math and Science using Malay are not doing your children any good in the future. Give it a good think-about-it if you still want to support them or that call. When we lost that edge (English language), we can kiss goodbye to everything. It is not that I disrespect Malay. You can still make Malay the national language and teach it in school. But for goodness sake, do the right thing for the country and next generation - improve our English and put our next generation on a level that is able to compete with the rest of the world.
All in all, it is expected that with any increase in petrol price, everyone will be affected. If the increase is huge, the economy will be affected and the KLSE will be affected too. I reckon an increase of 30cents or more will see a decline in KLSE. 20cents or lower will see short term decline - so most likely we will see this and our Government will still complain all the time for have to subsidize us.
Just my 2 cents.
Hi,
Well, You have spoken for the rest of us in this forum.
This post has been edited by DJWC: Jun 4 2008, 01:00 PM 
May 27 2008, 04:36 PM
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